Crista Galli Ventures, new fund from former NHS doctor, will put $65 million into early-stage healthtech startups
European healthtech startups have a new investor at play, Crista Galli Ventures (CGV), an evergreen fund founded by a former NHS doctor. Dr. Fiona Pathiraja, a consultant radiologist, will lead the fund as it invests $65 million in early-stage companies. Since the fund has one single investor, the Danish family office IPQ Capital, CGV says it has more flexibility than other VCs and can better support healthtech startups. The firm is also kicking off Crista Galli LABS, a separate investing strand that will target pre-seed startups, half of which with underrepresented founders. “The overwhelming need for an elite education in deep tech (MD or PhD) means that those from more diverse backgrounds are often excluded,” explains Dr. Pathiraja.